AMEX: EGPT       Egypt Index ETF Vaneck
Last Price Today's Change   Day's Range   Trading Volume
25.60   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):9,594
4 Weeks Range:24.115 - 26.715
4 Weeks Price Volatility (%):
52 Weeks Range:16.995 - 30.95
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Market Vectors Egypt Index ETF (the Fund) seeks to replicate the price and yield performance of the Market Vectors Egypt Index (the Index). The Fund would normally invest at least 80% of its total assets in securities, which comprise the Fund's index. The Index provides exposure to publicly traded companies that are domiciled and primarily listed on an exchange in Egypt or that generate at least 50% of their revenues in Egypt. In certain cases, companies with less than 50% of their revenues derived from Egypt may be eligible for inclusion in the Egypt Index. The Index is the property of 4asset-management GmbH, which has contracted with the Structured Solutions AG to maintain and calculate the Index. The distributor of the Fund is Van Eck Securities Corporation. The investment adviser of the Fund is Van Eck Associates Corporation.

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